chrisisaacalvar1813 chrisisaacalvar1813
  • 18-01-2018
  • Business
contestada

Your money will grow or compound​ ________ as the number of compounding periods per year becomes​ ________.

Respuesta :

W0lf93
W0lf93 W0lf93
  • 30-01-2018
faster, larger  
The longer the period that the an amount is allowed to stay in a compounding arrangement, the more the money will grow faster. This is because each interest is added to the original sums of money so now the total amounts available for investing is more than the previous compounding period.
Answer Link

Otras preguntas

if p(x)=2x^2-4 and q(x)=x-3, what is (poq)(x)
he following question refers to the text Gus and Frieda: Geniuses at Recess. Read the paragraph and answer the question below it. The paragraphs have been label
Who is Duke of York?
HURRY PLEASE!QUESTION: Graph RST with verticles R(6,6), S(3,-6) and T(0,3) and its image after a reflection over the y-axis.
Help me answer the qustion Plz Look at pic
Which of the following geographic terms could be applied to the countries of Central America? A. isthmus B. canal C. peninsula D. island
If the talented volleyball player​ _______________ to accept the revised​ terms, she could sign the scholarship offer today
What’s the topic sentence in the first paragraph?
Lesen und dann ____, bitte
A 1.0L buffer solution contains 0.100 mol of HC2H3O2 and 0.100 mol of NaC2H3O2. The value of Ka for HC2H3O2 is 1.8Ă—10â’5. Part A Part complete Calculate the pH